A company insider recently sold 3,144 shares of Teradyne Inc. [TER]. Should You Sale?

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Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Teradyne Inc. shares valued at $238,441 were sold by Robbins Brad on Sep 30. At $75.84 per share, Robbins Brad sold 3,144 shares. The insider’s holdings dropped to 44,755 shares worth approximately $3.58 million following the completion of this transaction.


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Also, JAGIELA MARK E sold 37,857 shares, netting a total of over 3,793,128 in proceeds. Following the sale of shares at $100.20 each, the insider now holds 234,735 shares.

Before that, Robbins Brad had sold 3,145 shares from its account. In a trade valued at $281,446, the President, LitePoint Corp. traded Teradyne Inc. shares for $89.49 each. Upon closing the transaction, the insider’s holdings decreased to 3,145 shares, worth approximately $3.58 million.

As published in a research note from Craig Hallum on October 27, 2022, Teradyne Inc. [TER] has been rated up from a Hold to a Buy and the price target has been revised to $120. This represents a 33.26% premium over Thursday’s closing price. Analysts at Craig Hallum downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in late July. As of July 05, 2022, JP Morgan has initiated its “Neutral” rating for TER. Earlier on June 29, 2022, BofA Securities downgraded its rating. Their new recommendation was “a Neutral” for TER stock which previously was a “a Buy”.

Analyzing TER Stock Performance

On Thursday, Teradyne Inc. [NASDAQ: TER] rose 0.82% to $80.09. The stock’s lowest price that day was $77.28, but it reached a high of $80.92 in the same session. During the last five days, there has been a surge of approximately 0.29%. Over the course of the year, Teradyne Inc. shares have dropped approximately -51.02%. Shares of the company reached a 52-week high of $167.69 on 01/13/22 and a 52-week low of $67.81 on 10/13/22. A 50-day SMA is recorded $80.53, while a 200-day SMA reached $100.41. Nevertheless, trading volume fell to 1.36 million shares from 1.96 million shares the previous day.

Support And Resistance Levels for Teradyne Inc. (TER)

According to the 24-hour chart, there is a support level at 77.94, which, if violated, would cause prices to drop to 75.79. In the upper region, resistance lies at 81.58. The next price resistance is at 83.07. RSI (Relative Strength Index) is 51.67 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.41, which suggests the price will increase in the coming days. Percent R is at 36.27%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.

Is Teradyne Inc. subject to short interest?

Stocks of Teradyne Inc. saw a sharp rise in short interest on Jul 14, 2022 jumping by 0.53 million shares to 4.4 million. Data from Yahoo Finance shows that the short interest on Jun 14, 2022 was 3.87 million shares. A jump of 12.05% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 2.38 of the overall float, the days-to-cover ratio (short ratio) jumped to 2.38.

Which companies own the most shares of Teradyne Inc. (TER)?

According to The Vanguard Group, Inc. filings, the company currently owns 17,415,533 shares, which is about 11.11% of the total TER shares outstanding. The investor’s shares have plunged by -56,792 from its previous 13-F filing of 17472325.0 shares. With the completion of the sale transaction, BlackRock Fund Advisors’s stake is now worth $716,942,573. Fidelity Management & Research Co reduced a -6.77% interest valued at $687.96 million while JPMorgan Investment Management, I purchased a 2,159,375 stake. A total of -245,182 shares of Teradyne Inc. were bought by SSgA Funds Management, Inc. during the quarter, and -58,272 were sold by Columbia Management Investment Ad. In its current portfolio, Baillie Gifford & Co. holds 5,660,898 shares valued at $425.42 million.

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